Government Spending in Macedonia decreased to 25141 MKD Million in the first quarter of 2019 from 26344 MKD Million in the fourth quarter of 2018. Government Spending in Macedonia averaged 19523.82 MKD Million from 2003 until 2019, reaching an all time high of 26344 MKD Million in the fourth quarter of 2018 and a record low of 11939 MKD Million in the first quarter of 2003.
Government Spending in Macedonia is expected to be 25439.88 MKD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Macedonia to stand at 26923.57 in 12 months time. In the long-term, the Macedonia Government Spending is projected to trend around 28341.90 MKD Million in 2020, according to our econometric models.